Yield Yak is a community-driven project and a user-friendly tool to earn more yields from DeFi farming on the Avalanche network. Avalanche is a programmable and open smart contract platform designed for decentralized applications. Further, the project has its own token YAK that is powered by the community and has built and supported the economic and diverse auto compounder in the market. Auto-compounding is a process where yield farming rewards get automatically sold and re-added to the pool to achieve higher APY (annual percentage yield). Yield farming is a way of gaining interest in cryptocurrency, just like how individuals earn interest on any capital in the savings account. 

In order to support this yield framework, the project encompasses the following steps: 

Further, Yield Yak allows all farmers to gain more yield by pooling the assets and mingling the prices compounding costs. The strategy implies much more traditional compounding, which occurs automatically. Notable Yield Yak farms compound happens every few minutes or hours. Reward tokens are transformed into deposit tokens in the name of all individuals in the pool multiple times a day, delivering users with a combined price disclosure to reward assets.

According to its whitepaper, to support this entire yield mechanism of the project, the project introduced its cryptocurrency, the YAK token. The YAK is the native utility token of the project and is used for:

These utilities of the project ensure the development of a sound operational structure, which signifies the project is self-sufficient, where the community provides rewards, presents new strategies, offers key configuration updates, and contributes to growth. 

YAK has a total supply of 10,000,000,000 tokens.

Aktualizujemy nasz kurs Yield Yak do USD w czasie rzeczywistym. Otrzymuj aktualną cenę Yield Yak na Coinbase.

Obecna kapitalizacja rynku Yield Yak to 5,60 mln USD. Wysoka kapitalizacja rynku oznacza, że aktywa są wysoko cenione przez rynek.

Najwyższy w historii poziom Yield Yak to 15 482,62 USD. Ten rekordowy poziom to najwyższa cena zapłacona za Yield Yak od czasu jego wprowadzenia na rynek.

W ciągu ostatnich 24 godzin wolumen obrotu Yield Yak wyniósł 9,48 tys. USD.

Aktywa o podobnej kapitalizacji rynkowej do Yield Yak to m.in. TetherFund, SPX6900 2.0, Ome‎gaX He‎alth i wiele innych. Aby zobaczyć pełną listę, zobacz nasze aktywa o porównywalnej kapitalizacji rynkowej.

Obecna podaż w obiegu Yield Yak wynosi 10 tysięcy.